Analysis
2022, September, 14, 12:40:00
U.S. RIGS DOWN 1 TO 759
U.S. Rig Count is down 1 from last week to 759, Canada Rig Count is down 3 from last week to 205.
2022, September, 9, 14:30:00
OIL PRICE: BRENT ABOVE $90, WTI ABOVE $84
Brent rose $1.24, or 1.4%, to $90.39 a barrel, WTI climbed $1.05, or 1.3%, to $84.59.
2022, September, 9, 14:25:00
RUSSIAN GAS PRICES: NO LIMITS
Germany doesn’t support a price cap on Russia gas because some countries are still dependent on those supplies, Economy Minister Robert Habeck told reporters in Brussels.
2022, September, 9, 14:15:00
OIL PRICES 2022-23: $98 - $97
The Brent crude oil spot price averages $98 per barrel (b) in the fourth quarter of 2022 (4Q22) and $97/b in 2023.
2022, September, 9, 14:05:00
U.S. OIL INVENTORIES UP BY 8.8 MB TO 427.2 MB
U.S. commercial crude oil inventories increased by 8.8 million barrels to 427.2 million barrels.
2022, September, 6, 14:15:00
OIL PRICE: BRENT NEAR $93, WTI NEAR $87
Brent was down $2.33, or 2.4%, to $93.41, WTI trading to $87.02, up 15 cents from Friday's close.
2022, September, 6, 13:55:00
EUROPEAN GAS PRICES DOWN
Still, gas and electricity prices pared some of their large gains from earlier in the day as traders weighed the intervention plans.
2022, September, 6, 13:50:00
EUROPEAN ENERGY INFLATION
Benchmark energy futures fell after jumping on Monday, with Dutch front-month gas losing as much as 13% and German year-ahead power falling 11%.
2022, September, 6, 13:40:00
ASIA COAL PRICES UP
Newcastle futures for October jumped 5% to $463.75 a ton Monday, according to ICE Futures Europe, to the highest price in data stretching back to January 2016. Europe’s benchmark coal price is also trading at a record.
2022, September, 5, 14:45:00
OIL PRICE: BRENT ABOVE $95, WTI ABOVE $87
Brent advanced by $2.45, or 2.6%, to $95.47 a barrel, WTI was up $2.13, or 2.5%, at $89.
2022, September, 5, 14:35:00
EUROPEAN ENERGY CATASTROPHE
Gas prices surged more than 35% on Monday as traders reacted to Russia’s decision to keep its main gas pipeline shut indefinitely.
2022, September, 5, 14:25:00
EUROPEAN COLD WINTER
That should help to make future decision making easier. But it is not going to help keep us warm this winter or indeed even in winter 2024.
2022, September, 5, 14:20:00
RUSSIAN LNG FOR CHINA UP
China imported six LNG cargoes of about 71,000 mt each from Russia's Yamal LNG terminal and three cargoes of about 62,000 mt each from the Sakhalin LNG terminal,
2022, September, 5, 13:45:00
U.S. EMPLOYMENT UP BY 315,000
Total nonfarm payroll employment increased by 315,000 in August, and the unemployment rate rose to 3.7 percent, the U.S. Bureau of Labor Statistics reported
2022, September, 5, 13:40:00
WORLDWIDE RIG COUNT UP 50 TO 1,825
The Worldwide Rig Count for August was 1,825, up 50 from the 1,775 counted in July 2022,and up 391 from the 1,434 counted in August 2021.